Behavioral finance helped retirement experts understand that everyone, including participants, sometimes behave irrationally. Investment practices is one of the best examples.
Most people fear loss more than they delight in gain—and as a result, they invest too conservatively even though they …

In a recent survey of retirement plan sponsors and advisors, Manning & Napier found 60% of employers would consider offering a Collective Investment Trust (CIT) or other alternative investment vehicle to a mutual fund if it has the same objective, but lower fees in order to reduce their …

With additional fiduciary scrutiny and an increase in litigation, it's more important than ever to offer a retirement plan menu that meets the needs of all participants. To be confident in their plan decisions, we believe plan sponsors should design their investment menu based on participant …

Eight of ten employers say they’re concerned about an increase in fiduciary litigation. And more than a quarter listed fiduciary liability and litigation as their top 401(k) concern.
Employers’ concern is understandable. Although most employers would confidently say they have the best …

The industry has put immense effort into introducing new participants to retirement education and help preparing resources to assist in participants’ long-term needs.
While the effort on behalf of those participants can and should continue to be a large focus, there needs to be an additional …

Behavioral insights have helped 401(k) fiduciaries design plans and select investment defaults that best meet the needs of the majority of participants. With new fiduciary scrutiny, an increase in litigation, and a potential shift in participant behaviors, we are entering a new …

Now more than ever, investors need guidance in making investment decisions with their IRA rollovers. We offer investment solution ideas built for these challenging times as well as discuss best practices regarding fiduciary concerns when it comes to capturing your share of the $7.3 …

We are staring down a healthcare landscape set to look dramatically different under the Trump Administration than it did in Obama’s America. Although the American Health Care Act (AHCA) did not initially pass, a revised version was voted on and passed by the House of Representatives on May 4, 20 …

401(k) plan investment line-ups are an increasingly complex and vital decision for fiduciaries. Critical responsibilities include the amount of investment choices to offer as well as the types of asset classes to offer.
Some fiduciaries have been sued for offering too many choices, while …

Even with the seemingly ever-changing uncertainty around regulations, there are actionable ways to push forward. Recent 401(k) litigation has helped define fee reasonableness and provides considerable guidance to the industry, including decisions with IRA clients. We break down these cases and …